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Carnavale begins the second phase of aircore drilling at Kookynie Gold Project

The second phase of drilling at the Kookynie Gold Project is part of a systematic exploration approach employed by the company targeting high grade gold mineralisation associated with structural corridors.

Carnavale Resources Ltd - Carnavale begins the second aircore drilling phase at Kookynie Gold Project
Drilling is now underway at the company's Kookynie Project in Western Australia.

Carnavale Resources Limited (ASX:CAV) (FRA:YBB) has begun the second phase of aircore drilling of 116 holes for 5,800 metres at the Kookynie Gold Project in Western Australia Goldfields.

The company has designed the program to follow up multiple strong anomalies identified in the first round of aircore completed in December 2020.

This second phase of drilling at Kookynie is part of a systematic exploration approach employed by the company targeting high grade gold mineralisation associated with structural corridors.

“Strong gold anomalies”

Carnavale chairman Ron Gajewski said: “Carnavale continues to maintain the pace of exploration at the Kookynie Gold Project focusing in on new gold mineralisation.

“The first round of aircore drilling produced some strong gold anomalies within our prospective tenement package that we are delighted to be following up with extensional and infill aircore drilling.”

Second phase drilling

The Kookynie Gold Project is along strike and adjacent to Nex Metals Ltd (ASX:NME) and Metalicity Ltd’s (ASX:MCT) high-grade Leipold, McTavish Cosmopolitan and Champion deposits, being successfully explored by MCT under an earn-in agreement.

The December drilling identified 3 areas of significant gold anomalism associated with intervals of gold mineralisation within the weathered rock profile, with strong prospectivity for additional mineralisation open along structural corridors.

This is anticipated to provide a vector to high-grade gold mineralisation similar to that hosted by the historic mines such as Cosmopolitan, Leipold, and McTavish.

The second phase of aircore drilling has been designed to explore the limits of this anomalism in the weathered profile and the company expects to complete the program over a period of three weeks, with first results anticipated by the end of April.

Carnavale tenement holding with production from historic deposits.

Permits in place

The company has completed an ethnographic heritage survey of the tenement package, in conjunction with the native title claimants, to ensure that any potential areas of cultural significance are not disturbed.

The survey has found no areas that will impact the company’s current exploration plans.

The program of work applications (PoW) for exploration at the Kookynie Gold Project have been approved by the DMIRS.

Quick facts: Carnavale Resources Ltd

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